A One Person Company (OPC) is a modern business structure that allows a single entrepreneur to establish and run a legally recognized company. It combines the convenience of a sole proprietorship with the limited liability protection of a private limited company, ensuring the owner’s personal assets remain secure even if the business faces financial risks.
The Companies Act, 2013, introduced the OPC framework to support individual entrepreneurs and professionals looking to operate with greater legal and financial credibility. Later, the 2021 amendments by the Ministry of Corporate Affairs (MCA) made OPC formation more flexible by allowing NRIs to incorporate OPCs and reducing the residency requirement from 182 days to 120 days. Additionally, the previous rule that forced conversion into a private or public company after reaching certain turnover or capital thresholds was abolished.
As registration processes for overseas entities have become simpler and more streamlined, Uttar Pradesh has emerged as a preferred destination for entrepreneurs and NRIs. Between March and May 2025, the state accounted for 11% of all new overseas business registrations in India, highlighting its growing appeal as a hub for innovation, investment, and business growth.











